BPTT and Atlantic LNG sanction Trinidad Onshore Compression Project
BP Trinidad and Tobago LLC (“bpTT”) and Atlantic LNG Co. of Trinidad and Tobago (“Atlantic”) sanctioned the Trinidad Onshore Compression (TROC) project.
After finalization of key project agreements between the Atlantic shareholders, the National Gas Company of Trinidad and Tobago and other directly impacted upstream stakeholders, the TROC Project received final approval on July 26, 2016.
The project is 100% funded and owned by bpTT and will be operated by Atlantic. It is designed to increase production from low-pressure wells in bpTT’s existing acreage in the Columbus Basin using an additional inlet compressor at the Point Fortin Atlantic LNG plant. Additional upgrades will be made to bpTT’s upstream facilities, as well as those of third parties to accommodate operations of the compressor.
The majority of the construction work will be handled by Atlantic with BP and other shareholder representation. The mechanical completion and commissioning of the TROC compressor at Atlantic will take place over the next few months and startup is planned for early 2017. When it comes on stream, the TROC project has the potential to deliver approximately 200 MMcfd of gas in 2017.
BP Trinidad and Tobago operates in 904,000 acres off Trinidad’s east coast. BP Trinidad and Tobago has 13 offshore platforms and two onshore processing facilities.
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